With July’s estimates in, it’s time to take a look at how managed futures stacked up against Rydex’s Managed Futures Fund and Wisdom Tree’s Managed Futures ETF. We’ve made our grievances with them clear several times over (see here and here), but prefer to let the data speak for itself.
Category: Managed Futures
04
Aug
2011
Blood in the Streets
After today’s bloodbath, we took a quick spin through the managed futures programs and trading systems actively traded by our clients to see who the big winners and losers were after a large down day (it’s not every day you see the Dow down half a thousand – only 23 more of those and we’d […]
03
Aug
2011
Managed Futures Shake the Correlation Blues
Over the past couple of months, managed futures has been the financial community punching bag. As stocks and managed futures struggled in tandem, critics began to question the non-correlation that is often viewed as the most desirable component of a managed futures investment (here and here, just for example). While the uninformed were questioning why […]
02
Aug
2011
Liz Cheval: From Turtle to Titan
In managed futures, we often focus solely on the programs we consider investing in, making it easy to forget that, even in the most systematic of programs, there’s a person behind the wheel. It is those managers behind the trades that Attain Capital’s new interview series hopes to highlight; the people driving the performance of […]
01
Aug
2011
We estimate managed futures up 3.35% in July
Based on preliminary data from the Newedge CTA Index, Credit Suisse Dow Jones Core Managed Futures Index, and the performance of the CTAs we track here at Attain, we are estimating managed futures finished July +3.35%, bringing YTD performance to -1.01%. Multi-Market traders took advantage of the flight to quality trade, with many programs holding […]
29
Jul
2011
Coming down to the final hour- is your portfolio ready for a default?
With the Boehner plan having failed in the House of Representatives, and less than 3 days until the debt ceiling deadline, our elected officials are still scrambling to come up with a grand compromise that will save the nation from default. While much of our conversation regarding the debt ceiling has revolved around its overall […]
28
Jul
2011
The Managed Futures Landscape
Although we’re a few weeks past the end of the 2nd quarter and midpoint of the year (and embroiled in the debt ceiling drama), we managed to sneak in a little time to update the charts and graphs measuring the various components which drive managed futures performance found in our 2011 Managed Futures Outlook. First […]
28
Jul
2011
Bracing for the Default Storm
Remember that wake-up we talked about earlier this week that was coming? And how it started yesterday? Well, if we’re sticking with the Matrix analogy, the markets just woke up in the middle of that crazy human harvesting center, and the scramble to protect assets is underway. How do we mean? Just as we feared […]
28
Jul
2011
Dighton Defends the Dollar
After what has been a bad July for Dighton Capital, and anyone else long the US Dollar, Dighton’s head trader, Alex Moiseev, is out today with the following ‘defense’ of Dighton’s long U.S. Dollar/ short Swiss Franc positions (view the full release here). “The Fed has confirmed it will not launch QE3 any time soon […]
27
Jul
2011
What a Difference a Day Makes…
Quick update on the debt debacle – or as John Stewart calls it: Armadebton. Looks like the Hollywood-esque market pricing we referred to on the blog yesterday has reversed course somewhat: T-Bills are finally starting to react – ZeroHedge explains it well. [such a divergence on the long end helped bring down Long Term Capital Mgmt… btw] Major stock […]
